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Showing 181 - 190 of 248 results for "Superannuation tax"

Super debate heats up ahead of Budget

MARK SMITH  |  THURSDAY, 28 MAR 2013
... super," she said. But joining the debate for the first time, action group GetUp! has called for a review of superannuation tax concessions. It says the system is skewed so that "too much" money ends up in the hands of the richest Australians. GetUp! ...

Super needs to forget about politics

LAURA MILLAN  |  THURSDAY, 21 MAR 2013
... approach, AustralianSuper CEO Ian Silk said yesterday at the AIST's Conference of Major Super Funds in Brisbane. "Superannuation tax concessions are costing over $30 billion and might cost about $45 billion in a few years time. This is not sustainable ...

MySuper still ontrack despite low license applications

ALEX DUNNIN, LAURA MILLAN  |  MONDAY, 25 FEB 2013
... flow of applications coincides with a public policy political war between the government and opposition over superannuation tax concessions, stirring fears of a lack of confidence that the MySuper reforms will survive should the Coaloition win government ...

Politicians move 'super' goal posts at their peril

MARK SMITH  |  TUESDAY, 12 FEB 2013
... years to come into play. "All in all, it is difficult to see any Government making substantial changes to the superannuation tax system although we can expect to see changes around edges," he said. Some of the small changes he forecasts are removing ...

$18 billion super tax 'honey-pot' by 2020

BEN COLLINS  |  FRIDAY, 8 FEB 2013
... FSC chief executive John Brogden said that the $18 billion tax estimate, revealing claims that the current superannuation tax concession laws are unsustainable, was wrong. "Superannuation taxes will grow over 200 % within the next eight years," he said. ...

Dignity Super's main aim, ASFA reminds politicians

BEN COLLINS  |  THURSDAY, 7 FEB 2013
... yesterday. Speculation over changes that both the Gillard Government and the Federal Opposition would make to superannuation tax concession legislations has increased after an election date (14 September) was set by Prime Minister Julia Gillard last ...

Super concessions cost $32bn in 2011-12

ALEX DUNNIN  |  FRIDAY, 1 FEB 2013
The total cost of superannuation tax concessions climbed 10.5% in 2011-12 to reach a record $32.4 billion, according to the just released Tax Expenditures Statements. Superannuation tax concessions account for 29% of the $111 billion of total tax expenditures ...

Super debate flawed: ASFA

BEN COLLINS  |  FRIDAY, 28 SEP 2012
... superannuation adequacy in Australia, said the Association of Superannuation Funds of Australia (ASFA). A focus on superannuation tax concessions and access age is the wrong conversation and should instead focus on the gaps in the system and its ability ...

Australian super funds, world's third best

ALEX DUNNIN  |  THURSDAY, 27 SEP 2012
... privately, albeit this private provision in Australia is heavily subsidised - in the past decade Australian superannuation tax subsidies are estimated to have amounted to $280 billion, equivalent to 20% of total superannuation savings. By contrast, in ...

Super fees are falling but only just

ALEX DUNNIN  |  MONDAY, 17 SEP 2012
... is about $17.2bn, an amount that is up 3.6% pa in the past three years. If added to the cost of Commonwealth superannuation tax expenditures it means the superannuation system is costing the Australian nation $47bn per year, which is about 4% of GDP ...